MTN Planning To Acquire DSTV And GOTV

May 20, 2017

The South Africa telecommunications company, MTN is said to be having discussions with Multi-choice Africa, concerning the sale of the Multi-choice company. Meanwhile, the parent company of MultiChoice Africa is the franchise owner of DSTV and GOTV.

Although, selling Multi-choice company won’t affect the South African division of the TV network but however, the plan have not been made public.

See the statement below;

“A sale is one of a number of options being considered by Africa’s biggest company by market value, and a final decision hasn’t been reached. Naspers and MTN Group have briefly discussed a deal for MultiChoice Africa, but no agreement was reached”.

MTN and Naspers confirmed on Thursday that they are still in talks about sharing TV content, video-on-demand services on smartphones.